RPBAX vs. FBALX
Compare and contrast key facts about T. Rowe Price Balanced Fund (RPBAX) and Fidelity Balanced Fund (FBALX).
RPBAX is managed by T. Rowe Price. It was launched on Dec 29, 1939. FBALX is managed by Fidelity. It was launched on Nov 6, 1986.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RPBAX or FBALX.
Correlation
The correlation between RPBAX and FBALX is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
RPBAX vs. FBALX - Performance Comparison
Key characteristics
RPBAX:
0.76
FBALX:
1.13
RPBAX:
0.96
FBALX:
1.56
RPBAX:
1.17
FBALX:
1.21
RPBAX:
0.63
FBALX:
0.92
RPBAX:
2.80
FBALX:
5.45
RPBAX:
2.87%
FBALX:
1.94%
RPBAX:
10.52%
FBALX:
9.41%
RPBAX:
-44.62%
FBALX:
-42.81%
RPBAX:
-5.86%
FBALX:
-2.62%
Returns By Period
In the year-to-date period, RPBAX achieves a 3.27% return, which is significantly higher than FBALX's 1.69% return. Over the past 10 years, RPBAX has underperformed FBALX with an annualized return of 3.32%, while FBALX has yielded a comparatively higher 4.81% annualized return.
RPBAX
3.27%
0.59%
-2.20%
6.70%
3.12%
3.32%
FBALX
1.69%
-0.82%
-0.01%
9.03%
4.82%
4.81%
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RPBAX vs. FBALX - Expense Ratio Comparison
RPBAX has a 0.57% expense ratio, which is higher than FBALX's 0.51% expense ratio.
Risk-Adjusted Performance
RPBAX vs. FBALX — Risk-Adjusted Performance Rank
RPBAX
FBALX
RPBAX vs. FBALX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Balanced Fund (RPBAX) and Fidelity Balanced Fund (FBALX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
RPBAX vs. FBALX - Dividend Comparison
RPBAX's dividend yield for the trailing twelve months is around 2.15%, more than FBALX's 1.78% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RPBAX T. Rowe Price Balanced Fund | 2.15% | 2.22% | 2.05% | 1.98% | 1.35% | 1.51% | 2.00% | 2.34% | 1.81% | 2.00% | 2.19% | 2.10% |
FBALX Fidelity Balanced Fund | 1.78% | 1.81% | 1.70% | 1.47% | 0.88% | 1.29% | 1.70% | 1.85% | 1.58% | 1.61% | 7.96% | 10.55% |
Drawdowns
RPBAX vs. FBALX - Drawdown Comparison
The maximum RPBAX drawdown since its inception was -44.62%, roughly equal to the maximum FBALX drawdown of -42.81%. Use the drawdown chart below to compare losses from any high point for RPBAX and FBALX. For additional features, visit the drawdowns tool.
Volatility
RPBAX vs. FBALX - Volatility Comparison
The current volatility for T. Rowe Price Balanced Fund (RPBAX) is 2.16%, while Fidelity Balanced Fund (FBALX) has a volatility of 2.65%. This indicates that RPBAX experiences smaller price fluctuations and is considered to be less risky than FBALX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.